The main question actually always has to be, if the wallet should be regularly used. If the answer is no and it should really be a cold wallet then there is no need for a hardware wallet. There is not even a need for any kind of wallet except for a paperwallet. This makes using the funds in the everyday live however unpractical.
So if you want to use your funds more regular the use AirGapped electrum. For the maximum usage in every day live a hardware wallet is convenient and pretty safe.